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Waterco

ASX:WAT
Snowflake Description

Excellent balance sheet with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
WAT
ASX
A$62M
Market Cap
  1. Home
  2. AU
  3. Consumer Durables
Company description

Waterco Limited engages in the manufacture and wholesale of equipment and accessories in the swimming pool, spa pool, spa bath, rural pump, and water treatment industries in Australia. The last earnings update was 148 days ago. More info.


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WAT Share Price and Events
7 Day Returns
1.8%
ASX:WAT
-1.5%
Global Leisure
0%
AU Market
1 Year Returns
-14.8%
ASX:WAT
-9%
Global Leisure
4.8%
AU Market
WAT Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Waterco (WAT) 1.8% 5.9% -14.8% -14.8% 45.1% 48.3%
Global Leisure -1.5% -1.4% -0.4% -9% -1.8% -1.3%
AU Market 0% 0.9% 6.8% 4.8% 20.1% 12.2%
1 Year Return vs Industry and Market
  • WAT underperformed the Leisure industry which returned -9% over the past year.
  • WAT underperformed the Market in Australia which returned 4.8% over the past year.
Price Volatility
WAT
Industry
5yr Volatility vs Market
Related Companies

WAT Value

 Is Waterco undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Waterco. This is due to cash flow or dividend data being unavailable. The share price is A$1.705.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Waterco's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Waterco's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:WAT PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in AUD A$0.08
ASX:WAT Share Price ** ASX (2019-07-17) in AUD A$1.71
Global Leisure Industry PE Ratio Median Figure of 56 Publicly-Listed Leisure Companies 18.6x
Australia Market PE Ratio Median Figure of 546 Publicly-Listed Companies 16.1x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Waterco.

ASX:WAT PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASX:WAT Share Price ÷ EPS (both in AUD)

= 1.71 ÷ 0.08

21.67x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Waterco is overvalued based on earnings compared to the Global Leisure industry average.
  • Waterco is overvalued based on earnings compared to the Australia market.
Price based on expected Growth
Does Waterco's expected growth come at a high price?
Raw Data
ASX:WAT PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 21.67x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
21.4%per year
Global Leisure Industry PEG Ratio Median Figure of 28 Publicly-Listed Leisure Companies 1.59x
Australia Market PEG Ratio Median Figure of 361 Publicly-Listed Companies 1.38x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Waterco, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Waterco's assets?
Raw Data
ASX:WAT PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in AUD A$2.06
ASX:WAT Share Price * ASX (2019-07-17) in AUD A$1.71
Global Leisure Industry PB Ratio Median Figure of 87 Publicly-Listed Leisure Companies 1.84x
Australia Market PB Ratio Median Figure of 1,693 Publicly-Listed Companies 1.7x
ASX:WAT PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:WAT Share Price ÷ Book Value per Share (both in AUD)

= 1.71 ÷ 2.06

0.83x

* Primary Listing of Waterco.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Waterco is good value based on assets compared to the Global Leisure industry average.
X
Value checks
We assess Waterco's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Leisure industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Leisure industry average (and greater than 0)? (1 check)
  5. Waterco has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

WAT Future Performance

 How is Waterco expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Waterco, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
21.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Waterco expected to grow at an attractive rate?
  • Waterco's earnings growth is expected to exceed the low risk savings rate of 2.3%.
Growth vs Market Checks
  • Waterco's earnings growth is expected to exceed the Australia market average.
  • Unable to compare Waterco's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ASX:WAT Future Growth Rates Data Sources
Data Point Source Value (per year)
ASX:WAT Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 21.4%
Global Leisure Industry Earnings Growth Rate Market Cap Weighted Average 22.8%
Global Leisure Industry Revenue Growth Rate Market Cap Weighted Average 5.2%
Australia Market Earnings Growth Rate Market Cap Weighted Average 7.4%
Australia Market Revenue Growth Rate Market Cap Weighted Average 3.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
ASX:WAT Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ASX:WAT Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2018-12-31 90 2 3
2018-09-30 89 -1 3
2018-06-30 88 -3 4
2018-03-31 88 1 4
2017-12-31 89 4 4
2017-09-30 87 7 4
2017-06-30 85 10 4
2017-03-31 84 8 3
2016-12-31 82 6 3
2016-09-30 83 6 3
2016-06-30 84 7 3
2016-03-31 87 10 2

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Waterco's earnings are expected to grow significantly at over 20% yearly.
  • Unable to determine if Waterco is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
ASX:WAT Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Waterco Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:WAT Past Financials Data
Date (Data in AUD Millions) EPS *
2018-12-31 0.08
2018-09-30 0.09
2018-06-30 0.10
2018-03-31 0.11
2017-12-31 0.12
2017-09-30 0.11
2017-06-30 0.10
2017-03-31 0.09
2016-12-31 0.08
2016-09-30 0.08
2016-06-30 0.08
2016-03-31 0.07

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Waterco will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Waterco's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Global market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Global market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Waterco has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

WAT Past Performance

  How has Waterco performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Waterco's growth in the last year to its industry (Leisure).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Waterco has delivered over 20% year on year earnings growth in the past 5 years.
  • Waterco's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Waterco's 1-year earnings growth is negative, it can't be compared to the Global Leisure industry average.
Earnings and Revenue History
Waterco's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Waterco Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:WAT Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 89.70 2.90 28.24 1.69
2018-09-30 88.76 3.37 27.47 1.64
2018-06-30 87.83 3.85 26.71 1.58
2018-03-31 88.28 4.16 26.37 1.47
2017-12-31 88.72 4.47 26.02 1.36
2017-09-30 86.96 4.05 25.57 1.29
2017-06-30 85.21 3.64 25.12 1.22
2017-03-31 83.61 3.37 24.63 1.49
2016-12-31 82.01 3.11 24.15 1.75
2016-09-30 82.99 2.95 24.27 1.45
2016-06-30 83.97 2.78 24.40 1.15
2016-03-31 87.42 2.46 24.02 0.58
2015-12-31 90.87 2.14 23.63
2015-09-30 89.52 1.81 23.22
2015-06-30 88.17 1.49 22.81
2015-03-31 84.12 0.89 22.56
2014-12-31 80.06 0.30 22.31
2014-09-30 79.02 0.60 22.41
2014-06-30 77.97 0.91 22.52
2014-03-31 75.16 1.49 22.33
2013-12-31 72.36 2.08 22.14
2013-09-30 70.58 1.87 21.55
2013-06-30 68.80 1.67 20.96
2013-03-31 68.37 1.88 20.38
2012-12-31 67.94 2.10 19.80
2012-09-30 67.25 2.06 19.49

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Waterco has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Waterco used its assets less efficiently than the Global Leisure industry average last year based on Return on Assets.
  • Waterco's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Waterco's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Leisure industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Waterco has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

WAT Health

 How is Waterco's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Waterco's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Waterco is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Waterco's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Waterco's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 2.9x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Waterco Company Filings, last reported 6 months ago.

ASX:WAT Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 76.69 21.08 4.19
2018-09-30 76.69 21.08 4.19
2018-06-30 74.17 23.25 4.29
2018-03-31 74.17 23.25 4.29
2017-12-31 67.42 21.85 5.85
2017-09-30 67.42 21.85 5.85
2017-06-30 64.38 17.54 4.63
2017-03-31 64.38 17.54 4.63
2016-12-31 64.24 21.79 7.61
2016-09-30 64.24 21.79 7.61
2016-06-30 59.31 20.28 4.52
2016-03-31 59.31 20.28 4.52
2015-12-31 56.48 23.40 7.29
2015-09-30 56.48 23.40 7.29
2015-06-30 56.05 27.77 3.77
2015-03-31 56.05 27.77 3.77
2014-12-31 55.79 27.57 2.98
2014-09-30 55.79 27.57 2.98
2014-06-30 50.60 27.22 1.59
2014-03-31 50.60 27.22 1.59
2013-12-31 48.38 27.10 2.54
2013-09-30 48.38 27.10 2.54
2013-06-30 46.05 26.46 2.46
2013-03-31 46.05 26.46 2.46
2012-12-31 43.19 24.48 2.80
2012-09-30 43.19 24.48 2.80
  • Waterco's level of debt (27.5%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (56% vs 27.5% today).
  • Debt is not well covered by operating cash flow (9.6%, less than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 5.2x coverage).
X
Financial health checks
We assess Waterco's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Waterco has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

WAT Dividends

 What is Waterco's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
2.93%
Current annual income from Waterco dividends.
If you bought A$2,000 of Waterco shares you are expected to receive A$59 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Waterco's pays a higher dividend yield than the bottom 25% of dividend payers in Australia (2.53%).
  • Waterco's dividend is below the markets top 25% of dividend payers in Australia (5.79%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
ASX:WAT Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Global Leisure Industry Average Dividend Yield Market Cap Weighted Average of 37 Stocks 2.5%
Australia Market Average Dividend Yield Market Cap Weighted Average of 415 Stocks 4%
Australia Minimum Threshold Dividend Yield 10th Percentile 1.4%
Australia Bottom 25% Dividend Yield 25th Percentile 2.5%
Australia Top 25% Dividend Yield 75th Percentile 5.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

ASX:WAT Past Annualized Dividends Data
Date (Data in A$) Dividend per share (annual) Avg. Yield (%)
2019-03-01 0.050 2.836
2018-08-24 0.050 2.308
2018-02-28 0.050 2.492
2017-10-06 0.050 2.683
2017-08-28 0.050 3.093
2017-04-20 0.050 2.964
2016-11-16 0.060 4.033
2016-03-04 0.040 3.133
2015-08-27 0.050 4.841
2015-02-27 0.000 0.000
2014-10-10 0.060 5.511
2014-09-12 0.060 5.480
2013-09-20 0.070 5.921
2013-08-29 0.070 6.211
2013-02-27 0.070 6.357
2012-09-21 0.070 6.586
2012-08-28 0.070 6.993
2011-10-17 0.090 8.425
2011-08-30 0.090 7.715
2010-08-25 0.100 7.802
2010-03-01 0.060 5.893
2009-09-03 0.060 6.322
2009-03-03 0.040 6.474
2008-08-27 0.030 4.373

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Waterco's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.6x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Waterco's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.4%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Waterco afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Waterco has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

WAT Management

 What is the CEO of Waterco's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Soon Goh
COMPENSATION A$421,532
CEO Bio

Mr. Soon Sinn Goh, B COM, FCPA, is the Founder of Waterco Limited and serves as its Chairman and Chief Executive Officer and also has been its Member of the Board since its inception in February 1981. In 1976, Mr. Goh was appointed Managing Director of his family company in Malaysia, which specialised in the construction of water and sewerage treatment facilities and pipelines. In 1979, he founded a company in the swimming pool industry in Malaysia, which now has the dominant market share in that country. His extensive experience in the water treatment industry is instrumental to the success of Waterco.

CEO Compensation
  • Soon's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Soon's remuneration is about average for companies of similar size in Australia.
Management Team

Soon Goh

TITLE
Founder
COMPENSATION
A$422K

Sze Tin Lim

TITLE
Chief Financial Officer
COMPENSATION
A$262K
AGE
61

Gerard Doumit

TITLE
Chief Accountant & Joint Company Secretary
COMPENSATION
A$218K

Bryan Goh

TITLE
Group Marketing Director & Director
COMPENSATION
A$256K

Hong Bee

TITLE
Joint Company Secretary
COMPENSATION
A$223K
TENURE
36.3 yrs

Tony Fisher

TITLE
Division CEO of North America & Europe and MD of Watereo (Europe) Ltd
COMPENSATION
A$177K

Chris Fitzmaurice

TITLE
National Franchise Manager
COMPENSATION
A$181K
Board of Directors Tenure

Average tenure of the Waterco board of directors in years:

15.6
Average Tenure
  • The average tenure for the Waterco board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Soon Goh

TITLE
Founder
COMPENSATION
A$422K

Bryan Goh

TITLE
Group Marketing Director & Director
COMPENSATION
A$256K
TENURE
9.1 yrs

Garry Norman

TITLE
Non-Executive Director
COMPENSATION
A$64K
TENURE
25.8 yrs

Ben Hunt

TITLE
Non-Executive Director
COMPENSATION
A$64K
TENURE
21.1 yrs

Richard Ling

TITLE
Independent Non-Executive Director
COMPENSATION
A$64K
AGE
70
TENURE
10.2 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
07. Mar 19 Sell Ben Hunt Individual 07. Mar 19 07. Mar 19 -200,000 A$2.00 A$-400,000
28. Feb 19 Sell Ben Hunt Individual 21. Feb 19 21. Feb 19 -370,223 A$2.12 A$-784,872
X
Management checks
We assess Waterco's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Waterco has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

WAT News

Simply Wall St News

Did You Miss Waterco's (ASX:WAT) 46% Share Price Gain?

The share price is up 46%, which is better than the market return of 44%. … During five years of share price growth, Waterco achieved compound earnings per share (EPS) growth of 5.5% per year. … We note that for Waterco the TSR over the last 5 years was 74%, which is better than the share price return mentioned above.

Simply Wall St -

Have Insiders Been Selling Waterco Limited (ASX:WAT) Shares?

Insider Ownership Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. … A high insider ownership often makes company leadership more mindful of shareholder interests. … While we feel good about high insider ownership of Waterco, we can't say the same about the selling of shares.

Simply Wall St -

Why Waterco Limited’s (ASX:WAT) Return On Capital Employed Looks Uninspiring

In particular, we'll consider its Return On Capital Employed (ROCE), as that can give us insight into how profitably the company is able to employ capital in its business. … The formula for calculating the return on capital employed is: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) Or for Waterco: 0.06 = AU$5.7m ÷ (AU$124m - AU$31m) (Based on the trailing twelve months to December 2018.) So, Waterco has an ROCE of 6.0%. … The ROCE equation subtracts current liabilities from capital employed, so a company with a lot of current liabilities appears to have less capital employed, and a higher ROCE than otherwise.

Simply Wall St -

Why Waterco Limited's (ASX:WAT) CEO Pay Matters To You

The CEO of Waterco Limited (ASX:WAT) is Soon Goh. … Check out our latest analysis for Waterco How Does Soon Goh's Compensation Compare With Similar Sized Companies? … ASX:WAT CEO Compensation, May 12th 2019 Is Waterco Limited Growing?

Simply Wall St -

Waterco Limited (ASX:WAT): 4 Days To Buy Before The Ex-Dividend Date

Investors who want to cash in on Waterco Limited's (ASX:WAT) upcoming dividend of AU$0.02 per share have only 4 days left to buy the shares before its ex-dividend date, 02 May 2019, in time for dividends payable on the 14 June 2019. … Whenever I am looking at a potential dividend stock investment, I always check these five metrics:? … Will the company be able to keep paying dividend based on the future earnings growth

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Is Waterco Limited's (ASX:WAT) 3.9% ROE Worse Than Average?

With that in mind, this article will work through how we can use Return On Equity (ROE) to better understand a business. … That means that for every A$1 worth of shareholders' equity, it generated A$0.039 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity

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Here's What Waterco Limited's (ASX:WAT) P/E Is Telling Us

The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). … We'll show how you can use Waterco Limited's (ASX:WAT) P/E ratio to inform your assessment of the investment opportunity. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)

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What Percentage Of Waterco Limited (ASX:WAT) Shares Do Insiders Own?

A look at the shareholders of Waterco Limited (ASX:WAT) can tell us which group is most powerful. … Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. … As Nassim Nicholas Taleb said, 'Don’t tell me what you think, tell me what you have in your portfolio.'.

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Is Waterco Limited's (ASX:WAT) Balance Sheet Strong Enough To Weather A Storm?

Investors are always looking for growth in small-cap stocks like Waterco Limited (ASX:WAT), with a market cap of AU$78m. … However, an important fact which most ignore is: how financially healthy is the business? … I believe these basic checks tell most of the story you need to know.

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How Do Waterco Limited’s (ASX:WAT) Returns On Capital Compare To Peers?

Specifically, we're going to calculate its Return On Capital Employed (ROCE), in the hopes of getting some insight into the business. … Understanding Return On Capital Employed (ROCE). … ROCE is a measure of a company's yearly pre-tax profit (its return), relative to the capital employed in the business.

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WAT Company Info

Description

Waterco Limited engages in the manufacture and wholesale of equipment and accessories in the swimming pool, spa pool, spa bath, rural pump, and water treatment industries in Australia. It also manufactures and sells solar heating systems for swimming pools and pre-heat industrial solar systems. The company’s pool and spa products comprise water saving products, chlorine free systems and spa products, infloor cleaning systems, swimming pool pumps, fiberglass and centrifugal filters, domestic pool filters, pool filter media products, pool heating and chemical pool products, pool and spa chlorination products, mineral crystals, controllers and automation products, hydroxzone ozone generators, spa equipment, pool suction and robotic pool cleaners, pool lighting products, recirculation accessories, swimming pool and spa valves, pool and spa blowers, test kits and maintenance products, commercial pumps and heating products, and commercial accessories. Its water treatment products include commercial filter media and cooling water filtration products, cartridge and bag filters, centrifugal filters, and fiberglass media filters; and residential pressure pumps, centrifugal filters, water softeners, water filters, and drinking water purifiers. The company also provides aquaculture equipment, such as life support and recirculating aquaculture systems. In addition, it franchises retail outlets for swimming pool equipment and accessories. Further, the company engages in formulating, packing, and distributing swimming pool chemicals to independent pool stores and stores in its Swimart franchise network. It operates 71 stores and 6 mobiles under the Swimart names, and 15 WaterShoppe stores. The company also exports its products to approximately 40 countries through its branches in Australia, New Zealand, China, Malaysia, Singapore, Indonesia, the United Kingdom, France, Canada, and the United States. Waterco Limited was founded in 1981 and is headquartered in Rydalmere, Australia.

Details
Name: Waterco Limited
WAT
Exchange: ASX
Founded: 1981
A$62,438,209
36,620,651
Website: http://www.waterco.com
Address: Waterco Limited
36 South Street,
Rydalmere,
New South Wales, 2116,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX WAT Ordinary Shares Australian Securities Exchange AU AUD 02. Jan 1992
Number of employees
Current staff
Staff numbers
661
Waterco employees.
Industry
Leisure Products
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/20 10:33
End of day share price update: 2019/07/17 00:00
Last earnings filing: 2019/02/22
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/06/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.